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KLSE: MATRIX       MATRIX CONCEPTS HOLDINGS BHD
Last Price Avg Target Price   Upside/Downside Price Call
1.92 2.36     +0.44 (22.92%)
* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.
** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).
Date Open Price Target Price Upside/Downside Price Call Source News
16/05/2018 1.97 2.36 +0.39 (19.80%) BUY HLG Price Target News
01/03/2018 2.23 2.36 +0.13 (5.83%) BUY HLG Price Target News


Price Target Research Article/News (past 6 months)
16/05/2018  HLG Matrix Concepts Holdings - Jakarta the Future Growth Engine?
01/03/2018  HLG Matrix Concepts - 9MFY18 Results: Unperturbed Performance



  11 people like this.
 
vcheekeong Collect few lots at 2.16 for div
18/03/2018 17:27
Chess Price to NTA is hitting 1.363 ratio which is at very low ratio compare with previous. Didn't worry much on the dropping price.
18/03/2018 22:49
propsushi A resilient developer due to mass township development that is also affordable to the masses. The real demand is slowly shifting to development from this kind of developer.
21/03/2018 09:35
Mike MATRIX has trended higher to close above the EMA120 level with high volumes. The MACD Histogram has extended another green bar, but RSI is below 50. Monitor for a breakout above the RM2.20 level, targeting the RM2.28-RM2.35 levels. Support will be anchored around the RM2.15 level. (By M+)

Support around RM 2.15 which is now. but so less people buying :D Monitor breakout RM 2.20 targeting RM 2.28 to RM 2.35. (If only RM 2.30 then I already satisfied.
21/03/2018 14:56
Mike woots why the price drop so much
21/03/2018 17:22
Mike any chance for rebound back to RM 2,20?
24/03/2018 22:53
vegebird2020 Why not ? But also got chance drop more,buy at the right time and right price
26/03/2018 00:35
DroidnPlay Easy Mike, been through many qr, u shud know Matrix is so strong,somemore they made money ma. Drop bcos of bad market sentiment la, all counters also affected.
26/03/2018 08:50
RainT Average down today at 2.02


Reason :
Good dividend
Developed affordable home so demand is there
Good FA
Buying when it's undervalued
26/03/2018 20:21
smartsing down trend.. break down 200 MA. Good luck
26/03/2018 22:22
vcheekeong Post exdiv..down trend
28/03/2018 21:42
Richard KH Wong 2.00 buy
30/03/2018 18:08
Mike where is the back support
31/03/2018 18:19
RainT Below 2.00 to buy ?
01/04/2018 11:37
masterkill Waiting 1.90
01/04/2018 13:20
jordanmaggie61 nono no n
02/04/2018 12:14
Mike faint to the max
04/04/2018 09:45
1686 why no rebound...any bad news?
05/04/2018 15:34
jordanmaggie61 youtube?
05/04/2018 15:53
jordanmaggie61 Google?
05/04/2018 15:54
yzgoh6 waiting 1.50
05/04/2018 20:26
RainT 1.85 now

Faint !
06/04/2018 09:50
Yael Jasper why the price drop so much
06/04/2018 10:21
Yael Jasper any chance for rebound
06/04/2018 10:21
godhand nothing falls forever
06/04/2018 10:57
limunn Hopeless Stock, Better throw.
06/04/2018 11:41
DroidnPlay Don't fall into the prick, keep it. Sell low for wat, wait for rebound la, BSS is making money ma.
09/04/2018 08:16
Lim Tek Wai faint to the max
09/04/2018 15:10
godhand this is why weak hand will always lose
11/04/2018 10:46
Nick Tung Yeah able to average down on 1.86
13/04/2018 13:01
Mike up down up down why is it being so inconsistent
19/04/2018 22:42
RainT It's share market la, sure up and down la

Want consistent go FD or bond !
22/04/2018 11:40
Patrick13 Matrix Concepts to complete project by next year

SEREMBAN: Matrix Concepts Holdings Bhd expects to complete the development of its Ara Sendayan project here, comprising 1,400 double-storey link houses, by next year.

Managing director Datuk Lee Tian Hock said the residential project sprawled over 78 ha was being developed in four phases.

"We have launched two phases comprising more than 800 units, and the 400 units in the first phase have been fully taken up,” he told reporters after launching the company's sales gallery, Matrix Galleria @ Ara Sendayan, yesterday.

Lee said the opening of the gallery would enable potential buyers to choose their dream houses in a comfortable environment.

"I am confident that the houses in Ara Sendayan will be fully taken up due to its higher-ground location and reasonable prices, which begin at RM609,888,” he added. — Bernama

https://www.thestar.com.my/business/business-news/2018/04/23/matrix-concepts-to-complete-project-by-next-year/
05/05/2018 10:32
Patrick13 Extracted from AR2017:

Ara Sendayan

BSS’ first hilltop development, Ara Sendayan is set across 78.5 hectares of land, with a GDV of RM900 million and comprises 1,300 units of residential homes to be built over four (4) phases. Adira Terraces, Phase 1 of Ara Sendayan consisting of 269 units of 2,398 square feet link houses saw strong take up during its launch. The overall development is targeted to be fully completed in the next three (3) years.

With an average take up rate of approximately 80% worth RM489 million, the overwhelming response received at our projects clearly demonstrates that Matrix has put in place the right strategy in delivering well-designed, affordable homes for the general public. This has spurred the Group to launch a pipeline of new projects, consisting of both affordable and premium properties amounting to RM778 million in the next 12 months.

This high-premium project is worth 1,400 units x RM609,888 = RM854mil and the Group just started to recognize sales in recent quarters, can imagine this is new pipeline for these 2-3 years.
05/05/2018 10:47
Data5000 omg can 1.78
10/05/2018 21:10
1099 重磅@@@森州刘特佐 @@@森美兰州希望联盟,行动党,万万不可接受这只巫统的狗朋党,要不然五年后重新选判@@@森州华社不是乞丐 ,森州人民更不是乞丐 ! ->森州人民所不知的伪慈善家,狗阵大金主-> 丢5000000元(从人民抢来的钱),迫惑波德申朱湖区选民投狗阵! =>森州刘特佐 ->勾结狗阵1MBD大贪官-那鸡 ,FEDA大贪官-一沙 , 森狗阵大贪官-黑山, ->低价(约10万/亩) 强征,抢了人民FEDA 5000亩土地 、 ->高价 (约40万/亩) 卖回人民750亩的地给 1MBD ( 空军基地 )赚了两亿多的污钱 , ->2年后又以低价(约20万/亩) 强征,抢了人民FEDA Koperasi 230亩土地 ->成了森州大地主 (剩下约4000英亩), 大发展商 , 大金主 。 ->森州刘特佐从1MBD , FEDA 的牵涉全国2件瞩目的大贪案中 , ->以全国2件瞩目的大贪案中,官商贪污勾结, 赚了=>>>几十亿 , ->再丢回2-3千万人民的钱 (几十亿的<0.5% ) , 乞丐式的施舍给华社 。 ->遮盖丑陋真面目,变脸成伪大慈善家, ->换改贪腐奸商狼名 , 成伪大慈善家, 大金主。 ->再以大金主身份, 丢几百万-整千万资助选举, (从人民抢来的钱), 逼人民在这次大选, ->选他的狗阵大贪官-那鸡, 州狗阵大贪官-黑山, 区狗阵卖华代表 (也是朋党, 也是官商贪污勾结私油奸商) 。 Just copy from Malaysia kini comments, who is this N.Sembilan developer this comment mention? Does it related with Matrix?
12/05/2018 23:13
remus @1099 ya seems implying Matrix boss; he very close to former N.Sembilan MB. Not sure how true the accusation.
Surprising, this morning the share only drop a little, i thot going to dive water .....
14/05/2018 12:16
bowman If you look at their track record, it was through affordable housing. Sendayan is its baby, where the air force base is now at. It also has landbanks around PD area as well. The company's focus is always affordable housing, particularly Mampu-Milik categories, so I think it will do well. Property sector may be lagging but if your products are well priced, chances are that you will survive the darkest night. I think its shares are worth at least RM2.20, so this is a bargain still - that's why when it dropped to RM1.85, it didnt remain long
14/05/2018 12:58
DroidnPlay IMHO, they already said their houses were sold within short timeframe. And people will buy house they afford to, no matter who the boss sided with, yang penting itu price I boleh bayar dan kualitinya pun ok jugak.
14/05/2018 14:09
Patrick13 http://www.malaysiastock.biz/Company-Announcement.aspx?id=1057290
15/05/2018 14:00
Patrick13 KUALA LUMPUR: Matrix Concepts Holdings Bhd is teaming with two Indonesian companies, among them a JV owned by Salim Group, to look into the possibility to develop an Islamic Financial District in Pantai Indah Kapuk 2, Jakarta.

The company said on Tuesday it had inked an MoU with PT Bangun Kosambi Sukses (BKS) and PT Nikko Sekuritas Indonesia (NSI) to jointly undertake the project.

BKS is jointly owned by Agung Sedayu Group and Salim Group, which is involved in the property development of PIK 2 Sedayu Indo City Indonesia. NSI is an investment banking firm.

Matrix Concept said the MoU was to create a platform for the parties to commit their intention and to strengthen their mutual understanding to undertake the project.

“The proposed Islamic Financial District, is initiated by the Indonesian Government in their quest to position themselves as an Islamic Financial District in view of their large Muslim population,” it said.

Matrix Concept said the definitive JV would affirm its first step to establish its presence in Indonesia, being one of the biggest and growing markets in Asean.

https://www.thestar.com.my/business/business-news/2018/05/15/matrix-concept-plans-islamic-financial-district-in-jakarta-with-salim-group/
15/05/2018 14:31
Mike any news when the quarter report will be out?
16/05/2018 21:46
WiseVictor Before 31-May, but usually will out around this or next week
18/05/2018 08:41
geary Bought...@1.91...good corporate governance...plus Reasonable dividend yield...GL.
18/05/2018 20:05
nich0las @1099, i think this link can bring info for you.
http://www.orientaldaily.com.my/s/234081
18/05/2018 23:56
1099 Thanks Nicholas, now I know why the share price keep dropping although the profit and fundamental of the share is good.
19/05/2018 00:57
WiseVictor I believe this counter will gain higher revenue and profit after cancellation of GST =)
21/05/2018 16:47
davidkkw79 Weird, why matrix share price didn;t go down ? I thought new goverment want to kill all BN related companies ?!
21/05/2018 16:50
WiseVictor Why new government want to kill all BN related company? New government need them to rebuild the economy, I don't think it is logic to remove all of them. And yet, Matrix does not has any significant contract or project like Myeg GST project or Gkent Borneo Rail project from previous government, so I think this is the reason it is still worth to invest.
21/05/2018 17:25
DroidnPlay True,does not make sense to kill biz, instead need them to rebuild our economy. Dato Lee just wayang only ma, same like Tony la being forced to do something against their will.
22/05/2018 08:14


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